When it comes to real estate, trying to sell property is not always an easy feat.
As a result, many people end up going through a ridiculous amount of stress.
I am trying to avoid all types of emotional warfare during this time, so I have decided to sell my Portland house for cash.
Here are all the reasons I have decided this is the best course of action.
One thing that I really don’t want to deal with is having my home on the market for a very long period of time.
There are sellers all over who sit there month after month while people look at their property and kindly move on to the next.
This is not something I want to deal with at all. If I sell my Portland house for cash, I will not have to wait impatiently for someone to buy the place. I can sell it and have the money in my hand faster than ever.
The appraisal process is a bit daunting and complicated. This is another part of selling that makes things take longer than I would like.
I heard that this is not something I would have to worry about if I sell my Portland house for cash.
I remember talking to a friend about this and she said that it is so much easier to sell to a company than to an individual since finding the right appraiser is a pain.
This is more than enough for me to think of a cash sale as a positive thing.
When most people buy homes, the money is not readily available, which means that they have to apply for loans.
Even if someone is interested in your property and both sides agree on the price, it is often necessary to sit around and wait for the buyer to go through their loan approval process.
This can take a few months. In the meantime, you are left sitting there in wait. I probably have the lowest patience level of anyone on the planet.
So selling my property for cash and cutting out this part is so appealing to me.
I do not want to go through a pile of complicated issues then I end up having something cause the deal to fall through.
In case you are confused about what I mean, picture this:
You are all the way through the majority of the process and all of a sudden the buyer pulls out because they had some kind of family emergency and they have to move to the East Coast.
It is terrible that people have personal issues, but this is a real disadvantage that can cause headaches for everyone involved.
Selling for cash is awesome since there is a very low chance that deals fall through.
My home is not in the best shape.
The last thing I need is to spend a bundle of money trying to have all of the necessary repairs done.
Sure, I know that this means I will get more money, but I would rather have less and allow someone else to take over this responsibility.
Trying to find good contractors is not simple. I will be selling my place and passing that on to the company that buys it.
There are many reasons that people prefer traditional homes sales, but that is not something I want to deal with.
As you can tell, I am prepared to cut out all of the long drawn out processes that are associated with this.
That is why selling my home for cash is the best and only option as far as I am concerned.